|Bid Price||-||Offer Price||-|
|Mid Price||GBX 286.70||Day Change||GBX +0.30 (0.10%)|
|Price Date||20 Oct 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.20 %|
|Total Expense Ratio||1.60||Fund Size||31,044,200.00|
|Launch Date||06/11/1968||Standard Initial Charge (%)||5.00|
|Annual Management Charge (%)||0.75||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000.00||Total Expense Ratio (%)||1.60|
|ISIN||GB0000804665||Min TopUp (£)||500.00|
The investment objective of the Fund is to achieve long-term capital growth by investing globally. The Fund will seek to achieve its investment objective by investing across a range of asset classes such as equities and equity related securities, fixed income, currencies, deposits, cash and money market instruments. Exposure may be gained indirectly to alternative investments. While the Fund will aim to diversify its investments, allocation to certain asset classes, countries, including developed and emerging markets, or sectors may be more than 30% of its total assets depending on the Investment Manager’s assessment at different times. In order to implement the investment policy the Fund may gain exposure directly and/or indirectly through transferable securities, or collective investment schemes. It may also use derivatives including futures, options, swaps, warrants and forward contracts for efficient portfolio management and for investment purposes.
Malcolm is Head of Charities and an Investment Director in the Multi Asset Group. Malcolm's broad experience has included being involved in the management and marketing of charitable fund services for over 15 years. His current responsibilities include managing the Targeted Return Common Investment Fund. Malcolm joined the UK Equity research department in 1979 and the portfolio management team in 1981, when he started managing pension fund portfolios. He was appointed Divisional Director in 1989. Malcolm joined Barings after graduating from the London School of Economics in 1979 with a BSc (Econ) in Monetary Economics.